Monday, April 7, 2014

The Motley Fool: Is There Opportunity in the Eye-Care Sector?

Imperfect vision is a common problem around the world. It's the basis for large businesses at Essilor (NASDAQOTH: ESLOY  ) , Hoya, and Luxottica (NYSE: LUX  ) , as well as contact-lens manufacturers like Johnson & Johnson (NYSE: JNJ  ) , NovartisCooper (NYSE: COO  ) , and Valeant (NYSE: VRX  ) . Not only is providing vision care products a profitable business in its own right, which often supports double-digit returns on capital, it is a business where customers typically have to buy the product over and over again throughout their life. Add in above-average growth prospects from emerging markets and it is not too difficult to see why these businesses generally carry robust valuations.

Follow this link for the full article:
Is There Opportunity in the Eye-Care Sector?

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